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A Colorado Fiscal Impact of Ballot Measures Initiative did not make the November 4, 2014 ballot in Colorado as an initiated state statute. The measure would have required initiative proponents to submit a fiscal impact estimate that was discussed at a review and comment hearing. It also would have required the Director of Research of the Legislative Council to submit a fiscal impact statement, which would have been a variation of an existing statement, for each proposed initiative to the Title Board for its review. Finally, it would have required an abstract of the fiscal impact statement to be included in the petition sections that were circulated for signatures.[1][2]

Text of measure

If the measure had been placed on the ballot, the language would have read:[3]

“

Shall there be a change to the Colorado Revised Statutes requiring a nonpartisan fiscal impact statement for any initiated measure be included on initiative petitions that are circulated for signatures?[4]